Choice Marketing Inc

340 Turner Industrial Way
Aston, PA 19014

Talking Points

Experience Mod Rating

Mod is an indication of how risky a company is to insure. It is based on a company's claim history.

  • Experience Mod is very good. It is in the 8th percentile compared to peers.
  • There was a recent mod increase.
Needs Attention

LCM Rate

LCMs have the largest effect on your WC costs. Carriers file LCM's which are multiplied with the state approved Loss Costs for your employment classifications to create your policy rates. Carrier Groups have several Carrier Tier's each with their own filing, allowing their underwriters to price aggressively to overly prudent depending on the risk.

  • The LCM of the Current Carrier is Higher than 70% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • In the last year, LCM Increased by 8%. While peers Increased an average of 7%.
Needs Attention

Market Competitiveness

We measure relative change (when a business chooses a different WC provider), and market share distribution over a rolling 24 months as compared to it's industry and state level activity to determine how competitive carriers are for your class of business.

  • 9% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 11.4% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

2.445
2021

2.257
2020

1.530
2019

1.190
2018

1.020
2018
12-01-2017

1.908
2017

1.778
2016

1.334
2015
05-18-2015

1.450
2014
05-18-2014

-
2013

-
2012
05-18-2012

-
2011

-
2010

-
2009

-
2009
05-18-2008

-

Contacts

Joqge Z Xhjhbj
President
(020) 889-2206
05

1
1d36
+@A.wL

Industry Classification

Motor Carrier